Which of the Following Is True of the Public Company

Multiple Choice

Which of the following is true of the Public Company Accounting Oversight Board (PCAOB) ?

A) All members of the Public Company Accounting Oversight Board have to be CPAs.
B) The Public Company Accounting Oversight Board was created by the Tax Reform Act of 1976.
C) The SEC has oversight and enforcement authority over the board and its functioning.
D) The Public Company Accounting Oversight Board lacks the power to adopt rules concerning the ethics of public accountants.